Announcement • Apr 28
Zhejiang Yongtai Technology Co.,Ltd., Annual General Meeting, May 18, 2026 Zhejiang Yongtai Technology Co.,Ltd., Annual General Meeting, May 18, 2026, at 15:00 China Standard Time. Location: conference room, second floor of the companys office building, no 1 donghai fourth avenue, linhai park, zhejiang chemical api base, zhejiang province, China Announcement • Mar 31
Zhejiang Yongtai Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Jan 29
Zhejiang Yongtai Technology Co.,Ltd. Provides Earnings Guidance for the Year Ended December 31, 2025 Zhejiang Yongtai Technology Co.,Ltd. provided earnings guidance for the year ended December 31, 2025. For the year, the company expects net loss attributable to the shareholders of the listed company of RMB 25.60 million to RMB 48.60 million; Basic loss per share of RMB 0.03 to RMB 0.05; Operating income of RMB 5,000 million to RMB 5,500 million. Reasons for changes in results: For the full year 2025, the company expects a year-on-year reduction in net loss attributable to shareholders of the listed company after excluding non-recurring items of approximately RMB 405.87 to 424.87 million, representing a contraction in loss magnitude of 91.44% to 95.72%, demonstrating marked improvement in operating efficiency. During the reporting period, robust growth in new energy vehicle and energy storage demand propelled substantial year-on-year increases in both sales volume and pricing of the Company's core lithium battery material products. This drove significant gross profit expansion in principal operations, serving as the primary driver of loss reduction. Meanwhile, fluctuations in USD exchange rates led to increased foreign exchange losses compared with the prior year. Furthermore, in adherence to contractual commitments, the Company strictly executed certain long-term lithium battery material supply agreements at previously contracted lower price points. These factors partially offset current-period profitability. Announcement • Dec 31
Zhejiang Yongtai Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 Announcement • Sep 30
Zhejiang Yongtai Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 16
Zhejiang Yongtai Technology Co.,Ltd. Provides Earnings Guidance for the Period from January 1, 2025 to June 30, 2025 Zhejiang Yongtai Technology Co.,Ltd. provided earnings guidance for the period from January 1, 2025 to June 30, 2025. For the period, the company expected net profit attributable to the shareholders of the listed company to be in the range of RMB 56.625 million to RMB 64.175 million Year-over-year growth: 50.40% to 70.45%, basic earnings per share to be in the range of RMB 0.06 to RMB 0.07 . Announcement • Jul 02
Zhejiang Yongtai Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 28
Zhejiang Yongtai Technology Co.,Ltd., Annual General Meeting, May 19, 2025 Zhejiang Yongtai Technology Co.,Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Location: 2F, No. 1, Donghai the 4th Avenue, Linhai Park, Chemical API Base, Zhejiang China Announcement • Mar 31
Zhejiang Yongtai Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Jan 21
Zhejiang Yongtai Technology Co.,Ltd. Provides Earnings Guidance for the Full Year Ended December 31, 2024 Zhejiang Yongtai Technology Co.,Ltd. provided earnings guidance for the full year ended December 31, 2024. For the period, the company expected net profit attributable to the shareholders of the listed company to be in the range of RMB 360 million to RMB 480 million, basic earnings per share to be in the range of RMB 0.39 to RMB 0.52 and operating income to be in the range of RMB 4,000 million to RMB 5,000 million. Announcement • Dec 31
Zhejiang Yongtai Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Announcement • Sep 30
Zhejiang Yongtai Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Announcement • Jul 10
Zhejiang Yongtai Technology Co.,Ltd. Provides Earnings Guidance for the Period Ended 30 June 2024 Zhejiang Yongtai Technology Co.,Ltd. provided earnings guidance for the period ended 30 June 2024. For the period, the company expects net profit attributable to the shareholders of the listed company of RMB 35million to RMB 45 million and Basic earnings per share of RMB 0.038/share to RMB 0.049/share. Announcement • Jun 29
Zhejiang Yongtai Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 28
Zhejiang Yongtai Technology Co.,Ltd., Annual General Meeting, May 16, 2024 Zhejiang Yongtai Technology Co.,Ltd., Annual General Meeting, May 16, 2024, at 15:00 China Standard Time. Location: No. 1, Donghai 4th Avenue, Linhai Park, Chemical API Base Linhai Zhejiang Province China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider 2024 remuneration for directors and supervisors; to consider 2023 annual report and its summary; and to consider other matters. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.029 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.021 (down from CN¥0.029 in 1Q 2023). Revenue: CN¥821.7m (down 18% from 1Q 2023). Net income: CN¥19.5m (down 23% from 1Q 2023). Profit margin: 2.4% (down from 2.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Zhejiang Yongtai Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Dec 30
Zhejiang Yongtai Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings have declined by 3.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 3.4% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Announcement • Sep 30
Zhejiang Yongtai Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Zhejiang Yongtai Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.013 (down from CN¥0.12 in 2Q 2022). Revenue: CN¥1.05b (down 34% from 2Q 2022). Net income: CN¥13.3m (down 87% from 2Q 2022). Profit margin: 1.3% (down from 6.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 15
Zhejiang Yongtai Technology Co.,Ltd. Announces Preliminary Earnings Guidance for the Interim Period Ended June 30, 2023 Zhejiang Yongtai Technology Co.,Ltd. announced preliminary Earnings Guidance for the interim period ended June 30, 2023. For the period, the company expects Net profit attributable to the shareholders of the listed company: Profit: RMB 30million-RMB 42 million, Decreased by 93.92%-91.49% as compared to the corresponding period last year and Basic earnings per share: Profit: RMB 0.03/share - RMB 0.05/share. New Risk • Jul 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.9% net profit margin). Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Announcement • Jul 12
Zhejiang Yongtai Technology Co.,Ltd. has completed a Follow-on Equity Offering in the amount of $70.000049 million. Zhejiang Yongtai Technology Co.,Ltd. has completed a Follow-on Equity Offering in the amount of $70.000049 million.
Security Name: Global Depositary Receipts
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 7,438,900
Price\Range: $9.41
Transaction Features: New Market Listing; Regulation S; Subsequent Direct Listing Announcement • May 19
Zhejiang Yongtai Technology Co.,Ltd. Announces Cash Dividend on A Shares for 2022, Payable on May 25, 2023 Zhejiang Yongtai Technology Co.,Ltd. announced Cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for 2022, payable on May 25, 2023. Record date: 24 May 2023 and Ex-date: 25 May 2023. Announcement • May 18
Zhejiang Yongtai Technology Co.,Ltd. Approves Cash Dividend/10 Shares for 2022 Zhejiang Yongtai Technology Co.,Ltd. approved Cash dividend/10 shares (tax included): CNY 1.00000000 for 2022 at Annual General Meeting of 2022 on 16 May 2023. Reported Earnings • Apr 28
Third quarter 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.067 (down from CN¥0.32 in 3Q 2021). Revenue: CN¥1.56b (up 21% from 3Q 2021). Net income: CN¥58.1m (down 79% from 3Q 2021). Profit margin: 3.7% (down from 22% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥18.06, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 72% over the past three years. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.067 (down from CN¥0.32 in 3Q 2021). Revenue: CN¥1.56b (up 21% from 3Q 2021). Net income: CN¥58.1m (down 79% from 3Q 2021). Profit margin: 3.7% (down from 22% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.026 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.026 in 2Q 2021). Revenue: CN¥1.58b (up 41% from 2Q 2021). Net income: CN¥103.8m (up 364% from 2Q 2021). Profit margin: 6.6% (up from 2.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Chairman of the Supervisory Board Zhengqiu Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.083 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.45 (up from CN¥0.083 in 1Q 2021). Revenue: CN¥1.74b (up 104% from 1Q 2021). Net income: CN¥389.8m (up 435% from 1Q 2021). Profit margin: 22% (up from 8.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 76%, compared to a 43% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Independent Director Hong Ming Shao was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 12
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.32 (up from CN¥0.14 in FY 2020). Revenue: CN¥4.54b (up 32% from FY 2020). Net income: CN¥284.2m (up 137% from FY 2020). Profit margin: 6.3% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.3%. Over the next year, revenue is forecast to grow 88%, compared to a 48% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Reported Earnings • Oct 16
Third quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.019 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.30b (up 46% from 3Q 2020). Net income: CN¥280.1m (up CN¥264.0m from 3Q 2020). Profit margin: 22% (up from 1.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 117% per year, which means it is well ahead of earnings. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS CN¥0.026 (vs CN¥0.17 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.12b (up 4.1% from 2Q 2020). Net income: CN¥22.4m (down 85% from 2Q 2020). Profit margin: 2.0% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.11 (vs CN¥0.31 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥3.45b (flat on FY 2019). Net income: CN¥95.4m (down 65% from FY 2019). Profit margin: 2.8% (down from 7.9% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥7.89, the stock is trading at a trailing P/E ratio of 38x, down from the previous P/E ratio of 44.9x. This compares to an average P/E of 34x in the Chemicals industry in China. Total returns to shareholders over the past three years are 2.5%. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥8.26 The company is down 10.0% from its price of CN¥9.13 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥11.00, the stock is trading at a trailing P/E ratio of 52.9x, up from the previous P/E ratio of 45.2x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 15%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.61, the stock is trading at a trailing P/E ratio of 51.1x, up from the previous P/E ratio of 43.4x. This compares to an average P/E of 36x in the Chemicals industry in China. Total returns to shareholders over the past three years are 8.7%. Is New 90 Day High Low • Nov 20
New 90-day low: CN¥8.63 The company is down 30% from its price of CN¥12.27 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Oct 30
Market pulls back on stock over the past week After last week's 16% share price decline to CN¥9.20, the stock is trading at a trailing P/E ratio of 43x, down from the previous P/E ratio of 51.1x. This compares to an average P/E of 39x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 21%. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥9.83 The company is down 18% from its price of CN¥11.94 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥181.4m, down 50% from the prior year. Total revenue was CN¥3.24b over the last 12 months, down 16% from the prior year. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥11.25 The company is down 5.0% from its price of CN¥11.86 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 21% over the same period.